When the City Council receives an authorized initiative petition certified by the City Secretary to be sufficient, the City Council shall either: (a) pass the initiated ordinance without amendment within thirty (30) days after the date of the certification to the City Council; or (b) submit said initiated ordinance, without amendments, to a vote of the qualified voters of the City at d regular or special election to be held not later than the first uniform election date after the expiration of forty-five (45) days after the date of the certification to the City Council; or (c) at such election submit to a vote of the qualified voters of the City said initiated ordinance without amendment, and an alternative ordinance on the same subject proposed by the City Council. In such event, should both such ordinances be approved by a majority of the votes cast at such election, the ordinance receiving the highest number of votes shall be effective as an ordinance of the City, and the other ordinance shall be deemed rejected and shall not be effective.
When the City Council receives an authorized referendum petition certified by the City Secretary to be sufficient, the City Council shall reconsider the referred ordinance and, if upon such reconsideration such ordinance is not repealed within thirty (30) days, it shall be submitted to the qualified voters of the City at a regular or special election to be held not later than the first uniform election date after the expiration of forty-five (45) days after the date of the certification to the City Council.
Special elections on initiated or referred ordinances shall not be held more frequently than once each six months. No ordinance on the same subject as an initiated ordinance which has been defeated or on the same subject as a referred ordinance which has been approved at any election may be initiated by the voters within two years from the date of such election.